February 3, 2015 / 11:04 AM / in 3 years

BUZZ-Canadian Solar Inc: To buy Recurrent Energy for $265 mln

** Canadian solar panel maker's shares up 6.9 pct at $22.80 premarket

** Company to buy North American solar energy developer Recurrent Energy LLC from Sharp Corp for about $265 mln in cash

** Canadian Solar says deal will increase its total solar project pipeline by about 4 gigawatts (GW) to 8.5 GW

** Company says it expects transaction to close before end of Q1

** Up to Monday's close, stock had fallen nearly 15 pct in past 6 months

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below